Technology has moved on from merely being an element that enables strategy to being something much more powerful – a means of both defining what can be done and delivering the capability to make it happen. In short, technology defines what is possible.
So what does this mean for procurement functions? Simply that any consideration of strategy that does not have procurement technology as its foundation will be flawed and suboptimal. One without the other makes no sense.
Download this Procurement Leaders Insight2 white paper, Procurement strategy: Technology as a definer, to discover:
- The transformative capabilities of new and emerging technologies.
- How leading procurement professionals from companies such as Apotex, Prudential and Biogen are building strategy on technology.
- The latest Procurement Leaders research on CPOs’ digitalisation priorities for 2019.